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Barclays Says Family Dollar Merger Delay Is 'Harmful'
Friday, January 9, 2015 - 9:59am | 272Barclays commented on Family Dollar Stores, Inc. (NYSE: FDO) after the company missed Q1 expectations and noted that the merger delay is “harmful.” Analyst Meredith Adler commented that while results were soft and Q2 may not be much better there were some positive points from...
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Barclays Raises Walgreen Price Target Following Q1 Print
Wednesday, December 24, 2014 - 12:06pm | 248Meredith Adler of Barclays maintained an Equal-Weight rating on Walgreen Company (NYSE: WAG) with a price target raised to $72 from a previous $68 following the company's first quarter results. According to Adler, Walgreen's results were “ahead of expectations” and during the earnings call, the...
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Barclays Cuts Herbalife Price Target, Addresses Debt Concerns
Friday, November 21, 2014 - 11:09am | 269Barclays lowered its price target on Herbalife Ltd. (NYSE: HLF) Friday from $80 to $74 and maintained an Overweight rating. Analyst Meredith Adler sought to address concerns over cash flow and maturing debt in her research note. “Our conclusion is that HLF will have sufficient cash...
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CVS Health Corp Shares Strongest Performer In Drug Retail Space
Monday, September 22, 2014 - 5:54pm | 262Shares of CVS Health Corp (NYSE: CVS) were the best performing name in the Drug Retailer group Monday, declining about 0.95 percent to close at $80.60. Shares of Walgreen (NYSE: WAG) and Rite Aid (NYSE: RAD), meanwhile, fell about 3.9 percent and 4.5 percent, respectively. Traders on the Street...
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Analysts Say Dollar Tree Comps Up, Margin Down On Merchandise Strategy
Friday, August 22, 2014 - 12:00pm | 411Dollar Tree's (NASDAQ: DLTR) relatively robust same-store sales growth of late resulted from a tactic that could get a big boost from its controversial plan to acquire Family Dollar Stores (NYSE: FDO). Same-store sales grew 4.5 percent in the recent quarter, the fastest rate since 2011 and...
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Analysts Hang Tough On Wal-Mart Despite Outlook
Friday, August 15, 2014 - 3:27pm | 232Wal-Mart Stores (NYSE: WMT) shares were sinking Friday on a disappointing third-quarter outlook, but analysts weren't ready to throw in the towel. The company's soft second quarter shows "the benefits are still to come" from its plan to improve U.S. stores and stabilize...
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CVS Caremark's Growth Pace Pleases Analysts
Wednesday, August 6, 2014 - 4:11pm | 303CVS Caremark's (NYSE: CVS) second-quarter performance in its prescription benefits management segment drew plaudits from analysts Wednesday. CVS is among the five largest such managers in the U.S., and the only one with an attached retail operation. Most insured Americans receive drug benefits...
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Kroger Hits Intra-Day Year High; Analysts Divided On Price
Monday, June 23, 2014 - 8:27am | 299Kroger (NYSE: KR) hit a 52-week high last Friday in intra-day trading, but analysts were divided at the current valuation. Kroger on Thursday posted adjusted quarterly earnings of $1.09 per share, up more than 18 percent from a year earlier and $0.04 ahead of estimates. Sales grew 10 percent to...
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Barclays Downgrades Big Lots
Tuesday, June 3, 2014 - 10:44am | 117In a research note released Monday, Barclays analyst Meredith Adler downgraded Big Lots (NYSE: BIG) to Equal-weight. The firm stated that the market is “clearly excited” about the changes occurring at Big Lots. In the first quarter of 2014, the retailer reported its first quarter...
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UPDATE: Barclays Downgrades Weight Watchers, Cites Slimming Revenues
Tuesday, February 18, 2014 - 1:42pm | 179Barclays released a research note Tuesday in which the firm downgraded Weight Watchers (NYSE: WTW) from Equal-Weight to Underweight and lowered the price target from $31 to $15, perhaps marking the first time the company is unhappy about weight loss. Barclays' Meredith Adler summarized the firms...
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Whole Foods' Expansion Another Success For U.S. Grocers
Wednesday, December 18, 2013 - 3:44pm | 334Whole Foods(NASDAQ: WFM) expansion into smaller cities and other areas outside of its traditional suburban base has been a success. A recent New York Times article described one example of Whole Foods' success in Boise, Idaho - the home of Albertson's grocery stores and one the most remote cities...
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KR’s Q3 Earnings Hurt by Stiff Competition
Thursday, December 10, 2009 - 2:20am | 122Analyst Meredith Adler of Barclays Capital maintains his “overweight” rating on Kroger Co (NYSE: KR), while reducing his estimates for the company. The target price for KR has been reduced from $28 to $26. KR has reported its Q3 EPS significantly short of expectations due to stiff competition in...